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Needham 02494
23 River Park St.
Photo of 23 River Park St.
Sold on Jul 16, 2026

8

Map

Photo of 23 River Park St.
Photo of 23 River Park St.
$780,000
● House - Off Market

23 River Park St.

Needham, MA 02494
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,800 Ft²
$4,359
Est. Monthly

About This Property

Attn Builders - Corner flat lot with 15,000+ sq.ft. of land abutting Hampton Ave and River Park St. Existing house on property is not safe to enter and is a tear down. Sellers will not allow entry into the house.  Property will be sold as land. Zoned single family, but lot is large enough for the potential of a separate ADU. Located on the Needham/Newton line, this property is minutes to Route 128, shopping and restaurants.  Mills Field is one block away offering tennis and pickleball courts, basketball court, picnic area and a children's playground! Lots of possibilities! Buyer and Buyer's Agent to do their own due diligence.
Unit Size
1,800 Ft²
Days on Market
-
Land Size
0.36 acres
Price per sqft
$403
Property Type
House
Property Taxes
$798
HOA Dues
-
Year Built
1950

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 4 months ago (MLSPIN #73525009)

Price History

Date / Event Date Event Price
Jul 16, 2026 Sold
Premium
Sold
Jun 10, 2026 In contract -
In contract
May 27, 2026 Listed by Coldwell Banker Realty - Framingham $725,000
Listed by Coldwell Banker Realty - Framingham

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1999
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 2
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,076
  • Garage Type: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,682
  • Total Building Area: 1,997
  • Gross Building Area: 3,073
  • Building Area: 1,997
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,997
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: RIVER PARK SEC 01
  • Land Acres: 0000000360
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Needham School District
  • School Tax School District: NEEDHAM SD
  • Census Tract: 403502

Zoning

  • Zoning: SRB

Geography

  • Parcel: NEED M:085.0 B:0041 L:0000.0
  • Block: 41
  • Municipality: NEEDHAM
  • Latitude: 42.3096
  • Longitude: -71.2302

    Address

  • Full Address: 23 River Park St
  • Address - House Number: 23
  • Address - Street Name: River Park
  • Address - Suffix Type: St
  • State: MA
  • City Name: Needham Heights
  • Carrier Code: C050
  • 4-Digit Zip Code: 2616
  • Zip Code: 02494

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $848,500

    Appraisal Valuation

  • Standard Deviation: 0.1548
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 1,023,563
  • High Value: 1,182,092
  • Low Value: 865,035

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $650,700
  • Assessed Land Value: $434,000
  • Assessed Improvements Value: $216,700
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Needham

Stats & Trends

Median Asking:

$1,625,000

Sale Price/ft²

$533

Below Asking

0.01%

Average Days on Market

64

Average Home Size

4173 ft²

Average Home Age

38.5 years

Currently For Sale

69 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73525009

Frequently Asked Questions

When was property at 23 River Park Street built and last sold?
The property at 23 River Park Street was built in 1950 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 23 River Park Street is $743,808.
What are some comparable homes to 23 River Park Street?
There are currently no comparable homes to 23 River Park Street.
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